| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.3B | 4.4% | -8.5% |
| Op. Income | -$96M | -$108M | -$103M | 10.7% | 6.4% |
| Gross Margin | 24.6% | 24.8% | 24.6% | -0.3pp | 0.0pp |
| Net Margin | -8.0% | -9.6% | -8.1% | 1.6pp | 0.1pp |
| EPS (Diluted) | $-0.31 | $-0.36 | $-0.35 | 13.9% | 11.4% |
| Free Cash Flow | $164M | -$124M | -$306M | 232.6% | 153.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $895M |
| GROSS PROFIT | $292M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $388M |
| Other Expenses | $0 |
| Operating Expenses | $388M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | -$96M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$93M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$95M |
| D&A | $15M |
| EBIT | -$96M |
| EBITDA | -$81M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$95M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $228M |
| OPERATING CASH FLOW | $177M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$237M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $400.0K |
| NET CASH FROM INVESTING | -$250M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$300.0K |
| NET CASH FROM FINANCING | -$300.0K |
| FREE CASH FLOW | $164M |
| Net Change in Cash | -$98M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $804M |
| Short-Term Investments | $238M |
| Net Receivables | $125M |
| Inventory | $1.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $662M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $14M |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $741M |
| TOTAL ASSETS | $3.3B |
| Account Payables | $888M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $29M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $110M |
| TOTAL NON-CURRENT LIABILITIES | $489M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$268M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$94M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $575M |
| Net Debt | -$229M |
